
Cow-calf

Klassen: Feeder market stabilizes after recent climb
Calf prices in Manitoba show premium over Alberta
Compared to last week, western Canadian yearling markets traded $2-$3 on either side of unchanged. Replacements weighing 650-800 lbs. appeared to traded steady to $4 higher while calves under 650 lbs. were steady to $4 lower. The cost per pound gain is reaching unprecedented levels and fleshier cattle were discounted quite severely in some cases. […] Read more

U.S. livestock: CME live cattle post near-eight-year highs
Firming cash prices support February, April live cattle; hogs lower
Chicago | Reuters — Benchmark live cattle futures on the Chicago Mercantile Exchange set life-of-contract highs on Friday and the front contract hit its highest since 2015 as shrinking cattle supplies lifted cash prices, traders said. Market-ready cattle traded in southern Plains cash markets at $160-$162 per hundredweight (cwt), traders said, steady to $2 higher […] Read more

Beef demand remains strong, cattle supply expected to tighten
The Markets with Deb McMillin, from the March 2023 issue of Canadian Cattlemen
Fed cattle Since the start of 2023, the fed cattle cash market has continued to grind higher. By mid-February, the Alberta fed steer price was $194.10/cwt, which is more than an $8/cwt improvement since the start of 2023, and over $34/cwt higher than the same week in 2022. Although prices have improved, the Canadian market […] Read more

U.S. livestock: Hogs, most live cattle lower
Feeder cattle futures also down
Chicago lean hog and cattle futures closed mainly lower Thursday with the exception of front-month February live cattle, which remained on its record-setting upward slope. CME February live cattle finished up 0.225 cent at 162.775 cents/lb., extending the nearly-eight-year high on a continuous chart of the front contract (all figures US$). Most actively-traded April live […] Read more

Canadian Angus calving book available as an app
Purely Purebred, news from the February 2023 issue of Canadian Cattlemen
Just in time for calving season, the folks over at the Canadian Angus Association are excited to share that the new Canadian Angus calving book app is now available as a free download from the Apple Store for your Apple device (the Android version will be available soon). To find the app search for “Canadian […] Read more

U.S. livestock: CME spot live cattle futures near eight-year top
Deferred-month cattle, lean hogs lower
Chicago | Reuters — Front-month live cattle futures on the Chicago Mercantile Exchange reached a near eight-year high on Wednesday, supported by tightening U.S. cattle supplies and rising wholesale beef prices, while the most actively traded contracts drifted lower as market players awaited more direction from cash cattle markets. CME’s spot February live cattle futures […] Read more

Canadian Beef Breeds Council to launch genetic data hub
The hub will allow breed association members to track and link genetic data, as well as everything from birth weights to ultrasounds
It’s Canadian Western Agribition week, and the aroma of mini donuts, hamburgers and smoothies mixes with the more distinct smell of livestock in every room. In the Queensbury Convention Centre, the crowd noise crowd has dimmed. Members of the breed associations are here for the Canadian Beef Breeds Council annual general meeting, and one of […] Read more

U.S. livestock: CME live cattle ease on profit-taking
February cattle lower after nearing eight-year top; hogs follow cash prices higher
Chicago | Reuters — U.S. live cattle futures closed lower on Tuesday on profit-taking after rising to the highest levels in nearly eight years, with worries about the health of the U.S. economy adding to bearish sentiment, analysts said. Benchmark April live cattle futures on the Chicago Mercantile Exchange settled down 0.425 cent at 164.675 […] Read more

Klassen: Canadian feeder market rationing demand
Demand from Ontario remains aggressive
Compared to last week, western Canadian yearling prices were up $4-$6 while calf markets traded $6 to as much as $10 above week-ago levels. May feeder cattle futures are trading at a $8 premium to the nearby March contract. The carrying charge in the futures market has encouraged buyers to step forward sooner rather than […] Read more

U.S. livestock: CME live cattle near eight-year highs
Cash cattle markets firm up
Chicago | Reuters — U.S. live cattle futures climbed to contract and multi-year highs on Monday on optimism about firming cash cattle prices and tightening U.S. cattle supplies. Most-active April live cattle futures on the Chicago Mercantile Exchange settled up 1.15 cents at 165.1 cents/lb. after recording a contract high at 165.25 cents. Front-month February […] Read more